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March 28, 2003
By: TOM BRANNA
Editor
Avon Products Co., New York, NY, citing better-than-expected performance at its international regions, expects first-quarter earnings of 41 cents a share-a penny above the company’s prior guidance and an analysts’ consensus estimate provided by Thomson First Call.In a statement released today, the beauty products company also forecast a first- quarter sales increase of 11% to 12% in local currency terms, or 6% to 7% in U.S. dollars, driven by “double-digit gains in units”...
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